On August 12, 2026, CodeRabbit, a pioneer of AI code review, announced a $143 million Series C funding round at a $1.5 billion valuation. The round was co-led by Atomico and Smash Capital, with participation from new investors including BMW i Ventures, Datadog, Hirtle Callaghan, SineWave Ventures, and Scenic Management, and existing investors CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners, Harmony Partners, and Engineering Capital. Wilson Sonsini Goodrich & Rosati advised CodeRabbit on the transaction.

The company will use the new capital to accelerate international expansion, research, and product development.

The Wilson Sonsini team that advised CodeRabbit on the transaction was led by Lianna Whittleton and included Melinda Douglass, Laura Odujinrin, and Taylor Miller.

For more information, please see CodeRabbit's news release. Additional coverage can be found on Reuters and Bloomberg.